Amanda Staveley loses High Court case, ordered to pay £3.4m to Victor Restis in investment dispute.
Newcastle United co-owner Amanda Staveley has lost a High Court legal battle against Greek shipping magnate Victor Restis, who claimed she owed him £3.4m over an investment in her business ventures. The judge dismissed Staveley's bid to have the dispute settled out of court, ruling that she was liable to pay the sum. Restis has until April 22nd to issue a bankruptcy petition, unless Staveley pays the money owed before that date. Staveley's representatives have said she intends to lodge an appeal.
March 25, 2024
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